OKX vs BingX

OKX vs BingX: which to use

OKX vs BingX is a comparison of two centralized exchanges with the same base fees: 2 bp maker and 5 bp taker. Three facts decide it. BingX lists 1,240 perp markets against 480 on OKX and allows up to 500x against 100x. OKX requires advanced verification before any trading, deposits or withdrawals, while BingX lets unverified accounts withdraw up to 20,000 USDT a day. Pick BingX for market count, leverage and hourly funding; pick OKX if its 480 markets and 100x ceiling cover what you trade.

How each exchange is built

OKX and BingX are both centralized exchanges (CEX). You open an account with the company, and the account holds your funds. Both match orders on a central limit order book.

Fees and what they mean

Both exchanges list the same base tier: 2 bp (0.02%) maker and 5 bp (0.05%) taker. OKX's rates are on OKX's perpetual futures page. BingX's are on BingX's fee schedule.

A market order pays the taker fee to open and again to close, so a round trip costs 10 bp in fees on either exchange. A limit order that rests on the book pays the maker fee instead, 2 bp. With identical base rates, fees alone do not separate the two.

Fees are only part of a trade's cost. Slippage is the price you move by eating through the order book, and it grows with size. The cost table above adds it to the taker fee twice at each size from $1k to $5M. For the same comparison across other venues, see every exchange's trading cost.

Markets and leverage

As of 1 October 2026, OKX has 480 active perp markets, 191 of them stocks, commodities, FX or other real-world assets. BingX has 1,240, with 234 real-world assets. BingX therefore lists more markets overall and more real-world asset markets.

OKX allows up to 100x on its highest-leverage market. BingX allows up to 500x. Most markets on both allow less, so check the limit on the specific market you plan to trade.

Funding intervals differ. OKX pays every 4 hours or 8 hours depending on the market. BingX pays every 1 hour, 4 hours or 8 hours. An hourly market settles 24 times a day, an 8-hour market three times, so a position held through a spike pays or receives it sooner on an hourly market. The list further down this page shows the markets both exchanges have and each one's funding rate.

Access and KYC

Both exchanges require KYC. OKX requires advanced verification before you trade, deposit or withdraw. BingX requires advanced KYC to deposit or trade. Unverified BingX accounts can only withdraw, up to 20,000 USDT a day. BingX's rules vary by region, so confirm the rules for your country before you fund an account.

Token

OKX's token is $OKB.

Reading the numbers on this page

Both exchanges publish open interest as one side of open positions, so the open interest row and chart above compare like with like. Neither exchange publishes TVL, as is usual for a centralized exchange, so the TVL row and chart on this page are empty for both.

The Head to head table highlights the better figure in each row, and funding is shown live for BTC. The "Net 7d" column in the markets list subtracts a round trip on both exchanges from the funding the pair paid over the last 7 days, at the position size you set. For ranked pairs across every exchange, see the funding spread ranking.

Which one fits you

• Pick OKX if you want to trade a smaller set of 480 markets with a 100x ceiling and funding on a 4-hour or 8-hour schedule.
• Pick OKX if its token, $OKB, matters to you.
• Pick BingX if you want more markets: 1,240 perps against 480.
• Pick BingX if you trade real-world asset perps and want 234 of them against 191.
• Pick BingX if you need more than 100x, up to 500x on its highest-leverage market.
• Pick BingX if you want hourly funding on some markets, or need to withdraw up to 20,000 USDT a day from an unverified account.